Category: Technical Analysis
Support and Resistance
Support and resistance Support and resistance” is a general concept referring to key levels on a price chart that have historically shown significant importance because they influence price movements. Support refers to a level or area on the price chart where the price typically stops falling and starts to bounce back up. It signifies strong […]
Introduction to Candlestick Charts: The Best Tool for Beginner Traders
Candlestick charts, also known as K-line charts, are a commonly used technical analysis tool in the trading market. Originating in 18th century Japan, they were invented by rice merchants to record rice price fluctuations. Today, candlestick charts are widely used by traders worldwide in stock, forex, futures, and cryptocurrency markets. This article will introduce candlestick […]
What is Technical Analysis?